The Cantillon Effect: The 18th Monetary Curse About to be Broken
9 Sep 2021 4 minute read 0 comments xuanling11
The Cantillon Effect is an old theory discovered by 18th-century banker Richard Cantillon. Because of his special experience in handling lots of gold transactions and being close to the kingship. What is the Cantillon Effect? There are 3 ideas: 1)...